Larry Ellison Overtakes Google Founders as Oracle’s AI Boom

Oracle co-founder Larry Ellison has climbed to the position of the world’s second-richest person after a powerful rally in Oracle shares dramatically increased his fortune and reshaped the global billionaire rankings.

The 80-year-old technology entrepreneur now holds an estimated net worth of $296 billion, according to Forbes estimates.

The surge places him ahead of Amazon founder Jeff Bezos and Google co-founders Larry Page and Sergey Brin. Only Elon Musk remains wealthier, with an estimated fortune of $826 billion.

Ellison’s rise comes as investors continue pouring money into companies positioned to benefit from the artificial intelligence revolution. Oracle has emerged as one of the biggest winners from the AI infrastructure boom.

As demand grows for computing power, cloud services and data centers, investors have rewarded the software giant with a sharp increase in market value.

Oracle shares gained roughly 28% during the past five trading sessions. The rally briefly pushed Ellison’s wealth above the $300 billion mark before a slight pullback in the company’s stock trimmed some of those gains.

Even so, the surge proved enough to move him past some of the most recognizable names in global technology.

The majority of Ellison’s fortune remains tied to Oracle. He owns nearly 1.2 billion shares, representing about 40% of the company. As Oracle’s market capitalization rises, his personal wealth follows closely behind.

Meanwhile, the rankings shifted as shares of Alphabet, Google’s parent company, moved lower. The stock declined over recent trading sessions after investors reacted to plans for significant spending aimed at expanding the company’s artificial intelligence capabilities.

That decline reduced the fortunes of Page and Brin, allowing Ellison to move ahead.

Ellison’s success story stretches back nearly five decades. In 1977, he co-founded Oracle alongside Bob Miner and Ed Oates. The company began as Software Development Laboratories before evolving into one of the world’s largest enterprise software providers.

After serving as Oracle’s chief executive for 37 years, Ellison stepped down from the role in 2014. However, he remains deeply involved in the company’s future as chairman and chief technology officer, helping steer Oracle’s growing ambitions in cloud computing and AI infrastructure.

His wealth journey has been remarkable. Forbes first recognized him as a billionaire in 1993 when he was 49 years old.

Since then, Oracle’s expansion into cloud services, enterprise software and artificial intelligence has transformed him into one of the richest individuals in modern history.

Investor enthusiasm surrounding artificial intelligence continues to reshape wealth across the technology sector. Companies building the digital infrastructure required to train and operate advanced AI models have attracted enormous market attention.

Oracle’s positioning within that ecosystem has become a major catalyst for its recent growth.

Beyond technology, Ellison is known for a lavish portfolio of assets and investments.

He owns approximately 98% of Hawaii’s Lanai island, maintains an extensive collection of luxury properties and superyachts, and has supported entertainment ventures connected to his family.

As the global AI race accelerates, Oracle’s stock performance could remain a key driver of Ellison’s fortune. For now, the software billionaire has secured a place above Amazon and Google’s founders, marking another milestone in one of Silicon Valley’s most extraordinary wealth-building stories.